At Linn Benton Lincoln ESD, we are committed to being responsible stewards of public funds and maintaining transparency in our financial operations. Our annual budget and expenditures are carefully managed to ensure efficient and effective use of resources in support of our mission.
Annual Budget
LBL ESD operates with an annual budget of approximately $60 million. This budget is funded through a combination of sources, including:
- State funding
- Local service contracts with school districts
- Grants and cooperative agreements
- Fee-for-service programs
Budget Oversight
The LBL ESD Board of Directors is responsible for approving and monitoring the organization’s annual budget, ensuring that financial resources are allocated responsibly and in alignment with the needs of the districts and communities we serve.
Fiscal Accountability
We are dedicated to maintaining the highest standards of fiscal accountability and compliance with all applicable laws, regulations, and auditing requirements. Our financial operations are subject to regular audits, and we strive to maintain transparency by making our audited financial statements and budget reports available to the public.
Efficient Resource Management
Through careful planning and economies of scale, we aim to deliver high-quality services and programs in a cost-effective manner. By leveraging shared resources and expertise across multiple districts, we can provide efficient and economical solutions that maximize the impact of every dollar spent.
Investing in Student Success
Ultimately, our financial stewardship is driven by a commitment to investing in the success of every student in our region. By ensuring responsible and strategic allocation of resources, we can support educational excellence, promote equity, and create opportunities for all students to thrive.
Budget Documents
Adopted Budgets
